
Infrastructure and automation improvements have helped port operators, but there is still more work to be done.
A new No. 1 leads off this year’s Transport Topics Top 50 list of the world’s largest freight companies.
Get a continent-by-continent and country- by-country look at where the Top 50 Global Freight Companies are based.
Rank This Year | Rank Last Year | Company | Headquarters | Freight Revenue (Millions) | Total Revenue (Millions) | Freight Revenue Share |
---|---|---|---|---|---|---|
32 | 32 | Norfolk Southern | USA | $12,745 | $12,745 | 100% |
33 | 33 | ZIM Integrated Shipping Services | Israel | $12,562 | $12,562 | 100% |
34 | 26 | XPO | USA | $12,121 | $12,121 | 100% |
2 | 1 | UPS Inc. | USA | $100,338 | $100,338 | 100% |
3 | 2 | FedEx Corp. | USA | $90,155 | $90,155 | 100% |
36 | 35 | Kerry Logistics | Hong Kong | $11,065 | $11,065 | 100% |
37 | 37 | CJ Logistics | South Korea | $9,387 | $9,387 | 100% |
38 | 39 | Yang Ming Marine Transport Co. | Taiwan | $8,755 | $8,755 | 100% |
6 | 4 | United States Postal Service | USA | $78,507 | $78,507 | 100% |
39 | 41 | Wan Hai Lines | Taiwan | $8,686 | $8,686 | 100% |
7 | 6 | CMA CGM | France | $74,500 | $74,500 | 100% |
40 | 38 | Dachser Group | Germany | $8,577 | $8,577 | 100% |
8 | 7 | COSCO Shipping Group | China | $58,108 | $58,108 | 100% |
41 | - | Toll Group | Australia | $7,800 | $7,800 | 100% |
9 | 8 | Kuehne + Nagel International | Switzerland | $45,066 | $45,066 | 100% |
10 | 12 | SF Express | China | $41,838 | $41,838 | 100% |
11 | 10 | Mediterranean Shipping Co. | Switzerland | $38,938 | $38,938 | 100% |
43 | 45 | Landstar System | USA | $7,437 | $7,437 | 100% |
44 | 47 | Knight-Swift Transportation | USA | $7,429 | $7,429 | 100% |
13 | 15 | Hapag-Lloyd | Germany | $36,319 | $36,319 | 100% |
45 | 42 | TFI International | Canada | $7,357 | $7,357 | 100% |
14 | 13 | DSV A/S (North America) | Denmark | $33,298 | $33,298 | 100% |
46 | 43 | Kintetsu World Express | Japan | $7,316 | $7,316 | 100% |
16 | - | Ocean Network Express | Japan | $29,916 | $29,916 | 100% |
48 | - | GLS Group | The Netherlands | $6,656 | $6,656 | 100% |
17 | 16 | BNSF Railway | USA | $25,888 | $25,888 | 100% |
49 | 49 | Schneider | USA | $6,604 | $6,604 | 100% |
18 | 18 | Union Pacific Railroad | USA | $24,875 | $24,875 | 100% |
50 | 50 | Old Dominion Freight Line | USA | $6,260 | $6,260 | 100% |
21 | - | Nippon Express | Japan | $19,929 | $19,929 | 100% |
23 | 22 | Expeditors International | USA | $17,071 | $17,071 | 100% |
24 | 20 | Geopost | France | $16,402 | $16,402 | 100% |
25 | 19 | Sinotrans | China | $16,169 | $16,169 | 100% |
26 | 27 | CSX Corp. | USA | $14,853 | $14,853 | 100% |
27 | 28 | J.B. Hunt Transport Services | USA | $14,814 | $14,814 | 100% |
29 | 29 | HMM Co. | South Korea | $14,380 | $14,380 | 100% |
31 | 31 | Canadian National Railway | Canada | $13,147 | $13,147 | 100% |
12 | 11 | China State Railway Group | China | $38,475 | $199,352 | 19.3% |
1 | - | Amazon.com Inc. | USA | $117,716 | $514,044 | 22.9% |
28 | 25 | SNCF Group | France | $14,429 | $43,592 | 33.1% |
42 | 40 | Bolloré Logistics | France | $7,477 | $11,261 | 66.4% |
15 | 9 | Deutsche Bahn Group | Germany | $31,101 | $43,681 | 71.2% |
4 | 3 | DHL Group | Germany | $87,036 | $108,254 | 80.4% |
22 | 23 | Indian Railways | India | $19,338 | $22,885 | 84.5% |
47 | - | Rhenus Group | Germany | $7,144 | $7,584 | 94.2% |
19 | 17 | C.H. Robinson | USA | $23,516 | $24,702 | 95.2% |
20 | 21 | Evergreen Marine Corp. | Taiwan | $20,587 | $21,050 | 97.8% |
5 | 5 | Maersk | Denmark | $80,023 | $81,490 | 98.2% |
30 | 36 | Yamato Holdings | Japan | $13,501 | $13,693 | 98.6% |
35 | 30 | SG Holdings | Japan | $11,649 | $11,696 | 99.6% |
Top 50 Global Freight Companies
Revenue from acquired companies only included for period after close of acquisition. All revenue figures have been converted to U.S. dollars based on the average exchange rate in the appropriate calendar year.
Sources: Company reports and SJ Consulting Group Inc. estimates
To be included in the Top 50 list, please send contact information to tteditor@ttnews.com. We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 50 list.

2022 saw an eastern shift in North American ocean freight, while airfreight dipped across the continent.
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Learn more about Transport Topics’ Top 50 Global Freight Companies publication.
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